Held continuously by the same family since its establishment, the sale marks the end of one of Port Adelaide’s longest running family businesses, which closed in 2025, and signals the beginning of a new chapter for the iconic building.
Ray White Port Adelaide principal Nick Psarros said he was deeply honoured to represent the listing, describing it as a property of exceptional provenance and rarity. “It’s an absolute honour to be entrusted with the sale of this building. Jaffers Furniture has been part of Port Adelaide’s fabric for 91 years, and properties with this level of history, character and community connection are incredibly rare,” Mr Psarros said. “This is a genuine landmark and a once-in-a-generation opportunity.”
Located within the Port Adelaide State Heritage Area, the property holds strong historical, community and commercial significance and is positioned in a tightly held precinct benefiting from ongoing urban renewal.
The offering presents a rare opportunity to acquire a substantial heritage commercial asset with prominent St Vincent Street frontage and high visibility in one of Adelaide’s most character-rich waterfront locations.
The building features a substantial multi-room internal layout, offering flexible future use potential subject to council consent, and commands a strong street presence within a high-growth precinct that continues to attract investment and interest.
"Opportunities to purchase heritage stock of this scale and prominence in Port Adelaide are seldom seen, particularly those with such deep ties to the local community," Mr Psarros said.
Mr Psarros said buyer demand for heritage commercial properties remained strong, especially in established waterfront locations. “We are seeing increasing interest in character-filled commercial buildings that offer adaptability and long-term investment appeal,” he said. “Port Adelaide, in particular, continues to benefit from urban renewal while retaining its historic charm, which makes assets like this especially compelling.”
The campaign is scheduled to launch in January, with the property to be offered to the market via a best offers by date process. The vendor is Max Jaffer Pty Ltd, and the sale represents the first opportunity in more than nine decades for a new owner to take custodianship of a building that has played such a significant role in Port Adelaide’s commercial and social history.
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